Silver Continues to Knock Its Head on $20

Lynn On September 10, 2010 / General Market, Silver

As I’m sure you have noticed, silver has been “hitting” it’s head on $20 for the last couple of days. This is reminiscent of when gold kept bonking its noggin’ on $1,000. Look at the following chart, and note the price points as noted by the red

FIAT – Fix It Again Today

Lynn On August 11, 2010 / General Market, Gold, Silver

Gold’s most important use is as insurance against the paper (fiat) currency of the country you live in, in our case the United States. Fiat in Latin means “by arbitrary order or decree” (Source: The American Heritage Dictionary, 1983). Thus, our currency exists by decree only –

Homeowners, Auto & Gold Insurance

Lynn On August 9, 2010 / General Market, Gold, Silver

By: John Fisher Do you own a home? Do you have homeowners insurance? People would consider you foolish if you didn’t. You hope you will never need to use your homeowners insurance for a burglary, hurricane, fire or other loss. But, if you do need to use

What it Means to Own Gold

Lynn On August 4, 2010 / General Market, Gold

By Jeremy Adams – August 5, 2010 During the past month the price of gold has been on quite a roller-coaster, at one point dropping some 50 points in only a couple of days. Media outlets, financial bloggers, and market bulls alike began screaming from the rooftops

1099’s, Gold & Healthcare

Lynn On August 3, 2010 / General Market, Gold, Silver

By: John Fisher Paperwork surprise! Paperwork nightmare! Buried in the massive 2,409-page health care law, lies an all but overlooked provision. Section 9006 to be precise, stipulates that beginning in 2012, ALL businesses will have to issue 1099 tax forms to any individual or corporation from which

Gold and Silver Capitulation – A Good Thing!

Lynn On July 30, 2010 / General Market, Gold, Silver

By: John Fisher Earlier this week, gold fell $25.10 to $1,158 per ounce as the price of silver declined by $0.57 to $17.63 per ounce. Today, 7/29, gold is trading at $1,167 and silver at $17.60. We are approaching a capitulation point in the price of gold

Goldline, Frequent Advertiser on Conservative Talk Shows, Faces Hearing, Lawsuit

Lynn On July 22, 2010 / General Market, Gold, Silver

By MATTHEW MOSK and BRIAN ROSS July 20, 2010 — Congress will ask top executives from Goldline, the precious metals dealer that is a major sponsor of Glenn Beck’s television and radio programs, to testify about the company’s aggressive sales tactics. Rep. Anthony Weiner (D-New York) and

How to Counterfeit

Lynn On July 20, 2010 / General Market, Gold, Silver

Governments can print money to pay for bailouts, corporate takeovers, quasi-government takeovers such as Fannie Mae and Freddie Mac, social programs, health care, cash for clunkers/appliances, extended unemployment benefits, and any myriad of other new spending programs… but they can’t create gold. The U.S. government via the

“Made in China” never sounded so “Golden’”

Lynn On July 8, 2010 / General Market, Gold

By: John Fisher China has actively begun to diversify its mountain of foreign reserves stemming from its trade surpluses. Their central bankers failed to diversify their reserve holdings out of primarily US Treasuries. Last year, China’s reserve holdings declined substantially due to both dollar devaluation and lower

“Caution! Gold and Silver Prices Peaking!”

Lynn On July 6, 2010 / General Market, Gold, Silver

By: John Fisher You will hear this warning often during the course of this bull market in the precious metals. Always, always remember – gold and silver climb a “Wall of Worry” all the way through Stage Two of a three stage bull market. And the bull

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